SEC, DOJ probe crypto exchange FTX over violating U.S. exchanges laws

The SEC’s investigation, which has been continuing for months, is focused on the company’s U.S. subsidiary, FTX.US, which lists dozens of crypto tokens.

Agency officials believe some of these assets, as well as FTX’s lending product, might constitute securities that, under U.S. law, should have been registered with the SEC before being sold to investors.

[Via]

Download NBW: Short news app created for busy professionals like you

Get NBW App - a reimagined fluid short news experience that delivers you clarity and all the important news and trends from your industry. No signup needed !

Download NBW App (Android, iOS)

Sign Up for NextBigWhat Newsletter

Daily.